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3 banks promising over 9% return on FD to senior citizens: Should you invest? - Vimarsana News

3 banks promising over 9% return on FD to senior citizens: Should you invest?

Fixed deposit interest rates are on the rise, and the majority of banks are now promising returns that outpace inflation as a result of the Reserve Bank of India's (RBI) uptick in the repo rate of 250 basis points (bps) since May 2022.